Venkatesh Rao ☀️
@vgr
Time horizons: Employees, contractors: 1 year (budgets, raises) Entrepreneurs: 18 mo (~ capital cycle) Politicians: 2-6y depending on election cycle Academics: 4-6y (getting tenure, graduating a PhD, grants) Consultants: 4-6 mo (median gig) “Creators”: 1 week (media production) HNWIs: 7y (life project)
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Phil Cockfield
@pjc
How do you stimulate an environment where you can cause the HNWI (life project) to be broadly taken up and executed on (with some small percentage of success emanating), without it descending into the ugly outcome of a welfare state? Shor-term-erism on mass is a civilisational version of "hand to mouth"
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Venkatesh Rao ☀️
@vgr
I don’t think short-termism is a problem I’m probably more suspicious of long termism
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danny iskandar
@daniskandar
The longer the term is, the more likely we become attached to that thing
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